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Progeny 3 reports 6.9% TIC Solutions (TIC) stake in 13G/A

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

TIC Solutions, Inc. received an amended ownership report showing that Progeny 3, Inc. and Jon Hemingway may be deemed to beneficially own 15,231,090 shares of common stock, representing 6.9% of the class as of January 2, 2026.

Progeny 3, a Washington corporation, serves as manager of certain investment accounts that hold the shares and has sole voting and dispositive power over them. Hemingway controls Progeny 3, which is why both are treated as reporting persons.

The accounts themselves have the right to receive dividends and sale proceeds from these TIC Solutions shares. Both reporting persons expressly disclaim beneficial ownership of the securities beyond what may be attributed to them under SEC rules.

Positive

  • None.

Negative

  • None.





Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)






SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Progeny 3, Inc.
Signature:/s/ Christopher Hemingway
Name/Title:Christopher Hemingway/Co-CIO
Date:02/09/2026
Jon Hemingway
Signature:/s/ Christopher Hemingway
Name/Title:Christopher Hemingway/Attorney-in-Fact
Date:02/09/2026

FAQ

What ownership stake in TIC (TIC) is reported in this Schedule 13G/A amendment?

The filing reports that Progeny 3, Inc. and Jon Hemingway may be deemed to beneficially own 15,231,090 shares of TIC Solutions common stock, representing 6.9% of the outstanding class as of January 2, 2026, based on the issuer’s Form 8-K.

Who are the reporting persons in the TIC (TIC) Schedule 13G/A filing?

The reporting persons are Progeny 3, Inc., a Washington corporation, and Jon Hemingway. Progeny 3 manages certain investment accounts holding TIC Solutions shares, and Hemingway controls Progeny 3, leading both to be treated as reporting persons under SEC beneficial ownership rules.

How many TIC (TIC) shares do the reporting persons control voting and dispositive power over?

For both Progeny 3, Inc. and Jon Hemingway, the filing shows sole voting power and sole dispositive power over 15,231,090 TIC Solutions common shares. They report no shared voting or shared dispositive power over any TIC Solutions stock in this amendment.

Do Progeny 3 and Jon Hemingway claim full beneficial ownership of TIC (TIC) shares?

No. The filing explains they do not directly own TIC Solutions common stock. The shares are held in managed accounts, and although SEC rules may deem them beneficial owners, each reporting person expressly disclaims beneficial ownership of the securities reported in the Schedule 13G/A.

Who has the economic interest in the TIC (TIC) shares reported in this filing?

The filing states that the underlying investment accounts have the right to receive dividends and the proceeds from any sale of the TIC Solutions common stock. Progeny 3, Inc. maintains voting and dispositive power under investment agreements, while the accounts retain the direct economic benefits.

What key date underlies the ownership percentages in the TIC (TIC) Schedule 13G/A?

Ownership percentages are calculated using the number of TIC Solutions common shares outstanding as of January 2, 2026, as reported by the issuer in a Form 8-K filed that same day. The event triggering this Schedule 13G/A amendment occurred on December 31, 2025.
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